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Jul 10, 2013
07/13
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let's provide tax on the foreign source of income and give it back to the shareholders. double the dividend from three to six percent. investors will say this sounds good. proposing an alternative agenda. other things, i'm not sure how far they want to go, how much glass they want to break to offend management but probably enough to convince iss that they deserve a board seat. >> rick, you've been spot on with the stock since it was 22 and a half bucks. just as they seem to be straightening their act out though some of people they sell to seem to be having problems of their own. given the run the stocks had they have to crush numbers for this run to continue. otherwise you can see this sell off. >> earnings will be down year over year. it will not appear that way on the surface because they have technology guarantees that are reversed so it will look like earnings are up ten percent but if you adjust for these unusual events it's down. it's not going to be great. the company still struggles for growth. they can show you maybe, six, seven percent growth. most of the weakn
let's provide tax on the foreign source of income and give it back to the shareholders. double the dividend from three to six percent. investors will say this sounds good. proposing an alternative agenda. other things, i'm not sure how far they want to go, how much glass they want to break to offend management but probably enough to convince iss that they deserve a board seat. >> rick, you've been spot on with the stock since it was 22 and a half bucks. just as they seem to be...
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Oct 25, 2014
10/14
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sal: the taxes. lemonis: the real-estate taxes? sal: he was just here asking for them. -lemonis: who was here? -sal: the landlord. lemonis: what did he say? sal: i told him i was gonna have the taxes ready for him today. he was upset about it. lemonis: how much is that? sal: $52,000 and change, i think it is. lemonis: and so that's past due as well? -giovanna: mm-hmm. -sal: yes. lemonis: call him. tell him to come back. sal: okay. [ ringing ] mike: hello? lemonis: hey, mike. this is marcus and sal over at artistic stitch. how are you? yeah, i'm sal's new partner, and -- well, that's the reason for my call, is to let you know that and also to let you know that i have the check for the taxes for you. it's $52,000. how much is in arrears? sir, is it possible that just you and i could meet for a few minutes? mike: all right. i'll stop by on the way back. lemonis: thank you, sir. i have to just tell you, this is like a recurring theme. people feel like they're not getting the full story. and are we past due on the rent as well? he said we're in arrears. what are we past due
sal: the taxes. lemonis: the real-estate taxes? sal: he was just here asking for them. -lemonis: who was here? -sal: the landlord. lemonis: what did he say? sal: i told him i was gonna have the taxes ready for him today. he was upset about it. lemonis: how much is that? sal: $52,000 and change, i think it is. lemonis: and so that's past due as well? -giovanna: mm-hmm. -sal: yes. lemonis: call him. tell him to come back. sal: okay. [ ringing ] mike: hello? lemonis: hey, mike. this is marcus and...
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Jul 10, 2013
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benefit from the tax savings now still occurs at the time the tax is paid. some wage earners do increase their exemptions to improve their monthly cash flow. >> right. >> and they could do the same thing. don't get me wrong, fred. i love the tax deduction. i'm in the range where i get the most benefit, and i don't want it to go away, and tax expenditures in general are about 20% of our national budget, and there's a lot of place to look to eliminate tax expenditures. on the mortgage market, i hope that you're not right in that i hope it does not devastate the housing market. we need the recovery. >> i mean, is the market that vulnerable? i mean, you know, for the last several months, all we've been talking about is how strong the recovery has been, probably the best part of the economic recovery overall. is it that fragile that taking away a housing deduction will make that big of an impact? >> you think it is, fred? >> oh, absolutely. psychologically, in addition to the realities of it. you're trying to tell every real estate agent and every buyer, okay, th
benefit from the tax savings now still occurs at the time the tax is paid. some wage earners do increase their exemptions to improve their monthly cash flow. >> right. >> and they could do the same thing. don't get me wrong, fred. i love the tax deduction. i'm in the range where i get the most benefit, and i don't want it to go away, and tax expenditures in general are about 20% of our national budget, and there's a lot of place to look to eliminate tax expenditures. on the mortgage...
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Oct 1, 2014
10/14
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and save on taxes where you can. so you can invest in the life that you want today. tap into the full power of your fidelity greenline. call or come in today for a free one-on-one review. this is a burrito made with chocolate, soybeans, and apricots. what kind of chef comes up with this? a chef working with ibm watson, on the cloud. ingredients are just data. watson turns big data into new ideas. and not just for food. watson is working with doctors and bankers to help transform their industries. today there's a new way to work. and it's made with ibm. goodnight. goodnight. for those kept awake by pain the night is anything but good. introducing new aleve pm. the first one with a sleep aid. plus the 12 hour strength of aleve for pain relief that can last until the am. now you can have a good night and a... good morning! new aleve pm. for a better am. how much money do you think you'll need when you retire? then we gave each person a ribbon to show how many years that amount might last. i was trying to, like, pull it a little further. [ woman ] got me to 70 years old.
and save on taxes where you can. so you can invest in the life that you want today. tap into the full power of your fidelity greenline. call or come in today for a free one-on-one review. this is a burrito made with chocolate, soybeans, and apricots. what kind of chef comes up with this? a chef working with ibm watson, on the cloud. ingredients are just data. watson turns big data into new ideas. and not just for food. watson is working with doctors and bankers to help transform their...
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Sep 9, 2015
09/15
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no tax authority, and bob willens coming in and says he believes it will be treated as a tax free spin. we'll see from here what occurs. also important to point out the decline in alibaba's shares. yesterday in the middle of the day, they lowered guidance for the september quarter at the city conference by simply saying they saw it single digit. the gross merchant value coming in a single digit less than they believed it would be in terms of the growth rate. alibaba's rates being hammered. well below the ipo price. that has impacted the overall value of yahoo. they own 15%. and soft bank. that's not getting killed despite the japanese market's incredible run because of their ownership. they own 31% of alibaba. a lot more to come here. it still looks potentially more likely than not with the alibaba spin will move ahead without the private letter moving. >> we saw that in the share price reaction after hours. they were down and then up. >> 85% of the street has a buy on alibaba. >> which is now less valuable. >> we will talk to art cashin after the break. take one more look at the prema
no tax authority, and bob willens coming in and says he believes it will be treated as a tax free spin. we'll see from here what occurs. also important to point out the decline in alibaba's shares. yesterday in the middle of the day, they lowered guidance for the september quarter at the city conference by simply saying they saw it single digit. the gross merchant value coming in a single digit less than they believed it would be in terms of the growth rate. alibaba's rates being hammered. well...
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Jul 9, 2013
07/13
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, just a 1% state franchise tax. the state sales tax, 6.25%. unemployment in texas? 6.5%. the largest employer in texas is the heb supermarket chain. the largest industry is healthcare. so are you totally confused now? well, we'll give you another hint about the state that i am in, america's top state for business. this is the hint we forgot to give you, or we called an audible about the last hour. the next hit is negative territory. negative territory. so our hints thus far -- big mouth, well anchored, scratch beneath the surface, and negative territory. next hour in the "closing bell," we'll give you the final hint. and then in the 4:00 hour eastern time, of the "closing bell," we will reveal america's top state for business. we want to hear from you, use the hashtag top states on twitter. go to topstates.cnbc.com where a number of governors have weighed in. you may want to see if your governor is talking up your state. topstates.cnbc.com. >> oh, come on, brian, you know your history of the states. what do you reck
, just a 1% state franchise tax. the state sales tax, 6.25%. unemployment in texas? 6.5%. the largest employer in texas is the heb supermarket chain. the largest industry is healthcare. so are you totally confused now? well, we'll give you another hint about the state that i am in, america's top state for business. this is the hint we forgot to give you, or we called an audible about the last hour. the next hit is negative territory. negative territory. so our hints thus far -- big mouth, well...
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Jul 9, 2013
07/13
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south dakota has no individual or corporate income tax. the state sales tax is 4%. south dakota's largest private employer is sanford health. the largest industry is agriculture. set in stone, this is not a bad land for business. south dakota, america's top state for business 2013. and speaking of badlands, you wondered where we were yesterday. yesterday, we were at badlands national park, which is a breathtaking sight in and of itself. named badlands by the french explorers because it was bad for crossing, but it is breathtaking to see. now, about those hints. big mouths? well, the mouths of the presidents on mt. rushmore are 18 feet across. talk about big-mouthed politicians. well anchored? that refers to nbc's tom brokaw who was born in webster, one of the state's best-known natives. scratch beneath the surface, the home stake mine in south dakota was the largest and deepest gold mine in north america till it closed in 2002, but still a big tourist attraction. negative territory? negative bad territory lands, the badlands. you don't hurry enough, so you need to "
south dakota has no individual or corporate income tax. the state sales tax is 4%. south dakota's largest private employer is sanford health. the largest industry is agriculture. set in stone, this is not a bad land for business. south dakota, america's top state for business 2013. and speaking of badlands, you wondered where we were yesterday. yesterday, we were at badlands national park, which is a breathtaking sight in and of itself. named badlands by the french explorers because it was bad...
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Sep 19, 2014
09/14
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what i hear is that big tax changes and tax reform takes years, three years, five years. there's all these sacred cows. the big companies don't want to do it because they get all the loopholes. so before all the tax dollars are gone, we need to do this now. we need a small fix to prohibit them from doing it instead of a large one. that's what they are saying. >> we would appreciate ourselves with a fix that looked at the issue of double taxation and put a fix in on that. you are not going to lose money because they are not going to bring the money back to the united states to pay taxes on it until we change the law. >> are you okay with a revenue neutral one that changes the tax rates but remains revenue neutral? >> i've been around a long time. i've had more people walk in my office with revenue neutral tax deals that don't go very well for the business community. let's see the numbers. >> all right. keep the faith, tom. i don't know. you've got a tough job. you keep hammering away. all this stuff you've been trying to do the past five, six years, you are not getting any
what i hear is that big tax changes and tax reform takes years, three years, five years. there's all these sacred cows. the big companies don't want to do it because they get all the loopholes. so before all the tax dollars are gone, we need to do this now. we need a small fix to prohibit them from doing it instead of a large one. that's what they are saying. >> we would appreciate ourselves with a fix that looked at the issue of double taxation and put a fix in on that. you are not going...
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Nov 1, 2014
11/14
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so, taxes, i.r.s. -- $33,000? larissa: yes. lemonis: kas mortgage -- $345,000 on the building? -gary: correct. -lemonis: i'm a little confused how a business that got a fresh start after receiving insurance money can be in such debt. they owe their vendors $187,000, taxes -- $67,000, credit cards -- $30,000, utilities and services -- $44,000, and all mortgages at $595,000, totaling $923,000 in debt from a company that got a fresh start just a few years ago. how do you guys pay the bills at home? how are you surviving? gary: i will take money out of the deposits. i will take money, cash out, and give it to her to go to the store. lemonis: and sue was telling me downstairs that one of the things she struggled with is you were pulling from this fund and pulling from that fund. gary: yeah. sometimes that would happen. and a lot of these expenses are just household expenses. lemonis: gary, so you told me that your mortgage is really past due, as well. gary: at home, yeah. lemonis: is your mortgage paid here? gary: yes. we're in good shape. lemonis: what kind of car do you drive? sue
so, taxes, i.r.s. -- $33,000? larissa: yes. lemonis: kas mortgage -- $345,000 on the building? -gary: correct. -lemonis: i'm a little confused how a business that got a fresh start after receiving insurance money can be in such debt. they owe their vendors $187,000, taxes -- $67,000, credit cards -- $30,000, utilities and services -- $44,000, and all mortgages at $595,000, totaling $923,000 in debt from a company that got a fresh start just a few years ago. how do you guys pay the bills at...
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Jul 9, 2013
07/13
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the state sales tax is 5%. north dakota's largest private employer is sanford health which bills itself as the nation's largest non-profit health care system and the largest industry is agriculture. based on all the guesses we've been seeing on twitter with the #topstates a lot of you will have to adjust your assumptions now as we continue to count down the top states. i can tell you though that north dakota came within one point, one point, of being number two, so what is the number two state? our runner up, that coming up on "street signs." go to our website, topstates.cnbc.com and keep your thoughts coming on twitter. >> we sure will. thank you, scott, very much, the dow marching towards all wash dime highs once again. the biggest stock winner ♪ ♪ ♪ ♪ [ male announcer ] if you can't stand the heat, get off the test track. get the mercedes-benz you've been burning for at the summer event, going on now at your authorized mercedes-benz dealer. but hurry, offers end july 31st. why let erectile dysfunctio
the state sales tax is 5%. north dakota's largest private employer is sanford health which bills itself as the nation's largest non-profit health care system and the largest industry is agriculture. based on all the guesses we've been seeing on twitter with the #topstates a lot of you will have to adjust your assumptions now as we continue to count down the top states. i can tell you though that north dakota came within one point, one point, of being number two, so what is the number two state?...
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Sep 23, 2014
09/14
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taxes but can the white house side step congress with the authority to make the tax laws? legal experts will have their say next. >>> and is bigger really bet we are the iphone 6 plus? coming up, somebody here saying apple missed the market on this one calling it a big mistake. literally. we want to know if you think it's too big. your chance to vote is straight ahead. big day? ah, the usual. moved some new cars. hauled a bunch of steel. kept the supermarket shelves stocked. made sure everyone got their latest gadgets. what's up for the next shift? ah, nothing much. just keeping the lights on. (laugh) nice. doing the big things that move an economy. see you tomorrow, mac. see you tomorrow, sam. just another day at norfolk southern. >>> welcome back. the white house taking steps to crack down on companies avoided taxes. what did it need that it didn't need congress? hi there. >> reporter: hey, kelly. one thing they couldn't do here is ban inversions altogether. they said that they had to take the targeted regulatory measures because it would require an act of congress to ba
taxes but can the white house side step congress with the authority to make the tax laws? legal experts will have their say next. >>> and is bigger really bet we are the iphone 6 plus? coming up, somebody here saying apple missed the market on this one calling it a big mistake. literally. we want to know if you think it's too big. your chance to vote is straight ahead. big day? ah, the usual. moved some new cars. hauled a bunch of steel. kept the supermarket shelves stocked. made sure...
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Oct 8, 2014
10/14
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say it went to dividends, what are they taxed at now? >> taxed at -- >> 30%. 40%. every dime went to dividends, how much revenue is that for the treasury? $800 billion? >> half of the -- >> 2 trillion, it would be 40%, that's $800 billion. if it didn't go to hiring at all, the money would be here rather than over there and some of it would find it's way in the treasury. >> put it in the private sector. >> even the worst case scenario is that it's not used for hiring. goes to fat cats and shareholders. >> you could put stipulations on it. >> no, no. >> they tried last time. >> why put stipulations? they do it again, well, you combine bringing it back with lowering the rates, not happening. >> the u.s. investor has 44% of his and her asset allocation in stocks today. europe is 34%. japan is 7%. we have -- and the japan -- that's 50% in cash. the united states individual investor, the household, is 20 % in cash. >> huh. >> there's cash on the balance sheets of corporations, cash sitting in people's asset allocation, and it's not being invested in companies or in asset
say it went to dividends, what are they taxed at now? >> taxed at -- >> 30%. 40%. every dime went to dividends, how much revenue is that for the treasury? $800 billion? >> half of the -- >> 2 trillion, it would be 40%, that's $800 billion. if it didn't go to hiring at all, the money would be here rather than over there and some of it would find it's way in the treasury. >> put it in the private sector. >> even the worst case scenario is that it's not used for...
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Jan 28, 2013
01/13
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increases that are comes into play, the obama care tax increase and increase on incomes higher than $400,000 a year in earnings, you know, that's going to create some drag. but, you know, i get a sense, kelly, when we do our own analysis at hamilton play strategies, we think that the u.s. economy will be able to power through that this year, even with the -- even with the drag. so, you know, solid growth, but certainly not matching some of the euphoria that we've seen in the last couple of months. >> it's extraordinary because if you say this is a 1.5% drag which is roughly some of the estimates i've seen lately on this and where gdp is almost in the 2.5% range that would suggest we're somewhere in the growth of 1.4%. you could understand why markets are doing better. but unfortunately the what could have or should have doesn't matter too much. if it's the opposite, it will be are reminder of how growth was in the fourth quarter. >> i think the ee zester and the tax increases will take the top off of growth. i think we would have been looking at a very good year, very strong year if
increases that are comes into play, the obama care tax increase and increase on incomes higher than $400,000 a year in earnings, you know, that's going to create some drag. but, you know, i get a sense, kelly, when we do our own analysis at hamilton play strategies, we think that the u.s. economy will be able to power through that this year, even with the -- even with the drag. so, you know, solid growth, but certainly not matching some of the euphoria that we've seen in the last couple of...
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Jan 22, 2014
01/14
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start a tax-free business at startup-ny.com. >>> welcome back. we all like to get let in on a secret. and cnbc will do that for you. it's "secret lives of the superrich" on 9:00 eastern. and robert frank with a sneak peek of the premiere. robert? >> tonight, we're going to follow a rich russian couple as they go mansion shopping on long island's gold coast. one stop was this $15 million estate. and its very unusual wild life. down this spiral staircase to the basement the couple is greeted by something you're more likely to see at the museum of natural history. a full-sized stuffed giraffe. >> it's beautiful. >> that's a three-story high giraffe. >> it's so big it had to be cut into three pieces and reassembled in the middle of the staircase. >> the first time i've seen a giraffe in my life. >> really? okay. you have to book a trip to africa. >> so other than stuffed giraffes, what do the rich russians want? they have been buying in new york and miami for years. now, they're moving out that into the suburbs. they're looking for high security good
start a tax-free business at startup-ny.com. >>> welcome back. we all like to get let in on a secret. and cnbc will do that for you. it's "secret lives of the superrich" on 9:00 eastern. and robert frank with a sneak peek of the premiere. robert? >> tonight, we're going to follow a rich russian couple as they go mansion shopping on long island's gold coast. one stop was this $15 million estate. and its very unusual wild life. down this spiral staircase to the basement...
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Sep 17, 2015
09/15
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what you do is slash the corporate tax rate which i've said a million times. right now i think yellen knows that another 10 or 20% rise in the dollar would be inn opportune, wrong timing, we have already had the big dollar rise, that's a de facto tightening. and here is the final thought, their models are giving them bad signals and she's ignoring the middle. the phillips curve trade off between unemployment and inflation is not work as it has not worked for the better part of 30 years. they are being very flex inl and letting the markets guide them. i think they're completely right. what we need now is profits. let's move the conversation to profits which are the mother's milk of stocks. >> let's actually -- bob pisani and then tim but i want to get both of you in. first to you, this point on profits that larry is making. >> i think yellen probably did the thing everyone expected her to do, i personally was in the one and done camp, i've been there for a while, i do think this is a legitimate question on china. she singled out in his press conference said chi
what you do is slash the corporate tax rate which i've said a million times. right now i think yellen knows that another 10 or 20% rise in the dollar would be inn opportune, wrong timing, we have already had the big dollar rise, that's a de facto tightening. and here is the final thought, their models are giving them bad signals and she's ignoring the middle. the phillips curve trade off between unemployment and inflation is not work as it has not worked for the better part of 30 years. they...
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Dec 10, 2015
12/15
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code -- >> personal tax code. >> personal tax code too. with globalization and labor costs everywhere else and with technological innovation putting people out of work, is it possible to have a rebirg like 1981? i'm doubting it now even for me. i don't know whether supply side can bring us back. >> technology creates jobs because it allows capital to go into new things and when you take the railroad industry after world war ii. >> different this time. >> i heard that my whole life. >> so we could come back and have like the 80s and do -- >> better. we've had six punk years. worst recovery. globalization is good. the whole world is our market. the whole world is our market. >> and the whole world can rise up too. >> an that's good. more and more prosperity. more and more markets. so we should have several years of 5 or 6% growth. >> it could be morning in america again. do you believe that? >> bright shining morning in america. that's what i heard in 19 -- you guys weren't around then. i remember all of that stuff. >> i remember it. >> deja
code -- >> personal tax code. >> personal tax code too. with globalization and labor costs everywhere else and with technological innovation putting people out of work, is it possible to have a rebirg like 1981? i'm doubting it now even for me. i don't know whether supply side can bring us back. >> technology creates jobs because it allows capital to go into new things and when you take the railroad industry after world war ii. >> different this time. >> i heard...
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Dec 16, 2015
12/15
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tax loss selling and abating. many underweight stocks ahead of the fed. the wild cards are oil and high yield. if they behave. we could have a rally going into the close. as for the big industrials we he have two big industrials commenting today. generally growth is hard to come by. honeywell is the star here. they're talking about 6% to 10% earnings growth next year. 1% to 2% organic growth. this is a big move. these are very good numbers. it shows you how tough industrials are around the world. revenues flat at $40 billion. look at honeywell. one of the few industrials up this year. up 2%. higher dividends, attractively priced, 15 times forward earnings. i know this doesn't look like a fabulous chart, but this is a big star in the industrial world. dover is more typical. they lowered the full year guidance. they are big in the energy business, big in the refrigeration business. business is just tough and they're not able to grow that much. if you look, they're down 12%, 13% this is much more typical of the global industrials. honeywell a standout. right
tax loss selling and abating. many underweight stocks ahead of the fed. the wild cards are oil and high yield. if they behave. we could have a rally going into the close. as for the big industrials we he have two big industrials commenting today. generally growth is hard to come by. honeywell is the star here. they're talking about 6% to 10% earnings growth next year. 1% to 2% organic growth. this is a big move. these are very good numbers. it shows you how tough industrials are around the...
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Sep 12, 2014
09/14
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-- people talk about the cost of tax inversions or tax avoidance. and i think the cost of tax compliance which is outrageously expensive for a lot of firms right now. a lot of these efforts that are populous in nature right now, they don't get at the real problem which is we have this really inefficient system. and trying to create a berlin wall around the united states and keeping companies in here and demonizing the companies who have to compete globally isn't the way to do it. we have to make this system just a lot more efficient so these companies can compete. this isn't a radical idea. >> i don't think it's demonization. you look a decade ago and it was a bipartisan consensus we needed to deal with this issue. a month before the election in 2004, congress overwhelmingly passed and president obama signs anti-inversion legislation and people are using similar language to now. >> jason, i'm not saying it's partisan. i said populist. you noted the date correctly. it was right before an election. and there was a lot of attacks on u.s. corporations f
-- people talk about the cost of tax inversions or tax avoidance. and i think the cost of tax compliance which is outrageously expensive for a lot of firms right now. a lot of these efforts that are populous in nature right now, they don't get at the real problem which is we have this really inefficient system. and trying to create a berlin wall around the united states and keeping companies in here and demonizing the companies who have to compete globally isn't the way to do it. we have to...
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Nov 10, 2015
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tax rates. the high tax rate companies are where you want to be, not the low tax rate. come are counter intuitive, the risk is that the low tax rate companies will be subjected to a rise in tax rates. if you start out high, that's beneficial. >> one last question, this week your colleague has pointed out things going right, auto sales, services, ism, wages maybe. >> yes. >> what does it take to put those things into a dynamic where the company starts to grow, earnings start to grow again? >> there's no question in our view that the economy is doing quite well. you saw that in third quarter earnings. let me clarify that the consumer facing economy is doing well. the corporations in the business doing well, industrials much more challenging. so that would be the issue. broadly speaking, the economy is doing better, but margins are flat. the issue of, y the economy is growing, that drives top line sales. that's good, margins are flat that limits the ability of companies to generate strong earnings.
tax rates. the high tax rate companies are where you want to be, not the low tax rate. come are counter intuitive, the risk is that the low tax rate companies will be subjected to a rise in tax rates. if you start out high, that's beneficial. >> one last question, this week your colleague has pointed out things going right, auto sales, services, ism, wages maybe. >> yes. >> what does it take to put those things into a dynamic where the company starts to grow, earnings start to...
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Oct 10, 2014
10/14
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and you pay no taxes for ten years. from biotech in brooklyn, to next gen energy in binghamton, to manufacturing in buffalo... startup-ny has new businesses popping up across the state. see how startup-ny can help your business grow at startup.ny.gov so i can reach ally bank 24/7, but there are24/7branches? it's just i'm a little reluctant to try new things. what's wrong with trying new things? feel that in your muscles? yeah... i do... try a new way to bank, where no branches equals great rates. >>> welcome back. let's take a look at where the damage is done today. the nasdaq down by 2%. but thereabouts down about 85 points. we have talked so much of what's happening in the chips and may be the catalyst for today. microsoft down nearly 4%. looking at some other names. apple's barely hanging on to positive territory. maybe the icahn bounce and damage across the board in the market today. >> microchip tech kicking off the earnings season and won't hear from the bigger guys for about a week or two and the question is whet
and you pay no taxes for ten years. from biotech in brooklyn, to next gen energy in binghamton, to manufacturing in buffalo... startup-ny has new businesses popping up across the state. see how startup-ny can help your business grow at startup.ny.gov so i can reach ally bank 24/7, but there are24/7branches? it's just i'm a little reluctant to try new things. what's wrong with trying new things? feel that in your muscles? yeah... i do... try a new way to bank, where no branches equals great...
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Sep 11, 2015
09/15
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japan talking about a corporate tax race cut. we're seeing reflags in the world, another round about to happen in asia. we've got it committed in europe this is the time for the fed to move, because the world is fine. >> they've done a lousy job communicating it. isn't part of the point to telegraph it enough that the market doesn't get upset. >> we haven't been listening to them if we go back to yellen, she's telling them she wants to go for her to be ready to go she'll give you an air of confidence, not concern. but your average investor is so shocked by china, where it was rear vision stuff in my perspective in august. that they're looking at the market now, they're panicking, but in fact, josh made a great point. i looked at markets yesterday. they are so neutral if you've got a view. this thing is ready to go. up or down, but the market is neutral in terms of positioning, risk perspective, that's why i like markets next week, even if they hike. >> there's been in his words a dramatic deterioration of confidence. that indecis
japan talking about a corporate tax race cut. we're seeing reflags in the world, another round about to happen in asia. we've got it committed in europe this is the time for the fed to move, because the world is fine. >> they've done a lousy job communicating it. isn't part of the point to telegraph it enough that the market doesn't get upset. >> we haven't been listening to them if we go back to yellen, she's telling them she wants to go for her to be ready to go she'll give you an...
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Jul 9, 2013
07/13
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now, a lot needs to be done, whether you talk about the tax reform, the tax authority's reform, whether you talk about the continuation of the privatization program, whether you talk about the management of the public service, all of that is still on the table, and work in progress and needs to be continued. but there have been clear achievements on that particular case. >> if you look at greece now, given those achievements, do you think ultimately it can afford a further writedown of debts? >> we have a list of actions that have been taken, a few more prior actions before we actually submit the program to the board at the end of july and then we'll see. as i said, one step at a time. >> there is definitely a recognition of the progress that greece has made with the finance ministers talking yesterday. but i struggle to find -- talking about the possibility of bailout number three when we get to the next review in the autumn. implementation risk is a significant issue here in greece. for now, back to you. >> jules, thanks very much for now. >>> alcoa second quarter net loss related to
now, a lot needs to be done, whether you talk about the tax reform, the tax authority's reform, whether you talk about the continuation of the privatization program, whether you talk about the management of the public service, all of that is still on the table, and work in progress and needs to be continued. but there have been clear achievements on that particular case. >> if you look at greece now, given those achievements, do you think ultimately it can afford a further writedown of...
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Mar 19, 2013
03/13
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possibloss o. zap technology. arrival. with hertz gold plus rewards, you skip the counters, the lines, and the paperwork. zap. it's our fastest and easiest way to get you into your car. it's just another way you'll be traveling at the speed of hertz. i really like your new jetta! and you want to buy one like mine because it's so safe, right? yeah... yeah... i know what you've heard -- iihs top safety pick for $159 a month -- but, i wish it was more dangerous, like a monster truck or dune buggy! you can't have the same car as me! [ male announcer ] now everyone's going to want one. let's get a jetta. [ male announcer ] volkswagen springtoberfest is here and there's no better time to get a jetta. that's the power o
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possibloss o. zap technology. arrival. with hertz gold plus rewards, you skip the counters, the lines, and the paperwork. zap. it's our fastest and easiest way to get you into your car. it's...
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Oct 24, 2014
10/14
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and you pay no taxes for ten years. from biotech in brooklyn, to next gen energy in binghamton, to manufacturing in buffalo... startup-ny has new businesses popping up across the state. see how startup-ny can help your business grow at startup.ny.gov >>> welcome back. after the volatility we have had this month, the dow jones industrial average, all the indexes, doing quite well. in fact, simon, as you pointed, the strong performance from the s&p this week it actually makes it one of the 14th best in point terms that we have seen. so pretty strong snapback. >> it takes the gains of the year to 6%. solid. not where we were last week. >> the fact there's gains itself. >> yeah. okay, meantime, we should get the rally despite developments with the new york city doctor that tested positive for ebola. meg terrell at the hospital where the doctor is receiving treatment. meg, over to you. >> reporter: hi, simon. first, we are getting word that the obama administration is considering quarantining health workers returning from we
and you pay no taxes for ten years. from biotech in brooklyn, to next gen energy in binghamton, to manufacturing in buffalo... startup-ny has new businesses popping up across the state. see how startup-ny can help your business grow at startup.ny.gov >>> welcome back. after the volatility we have had this month, the dow jones industrial average, all the indexes, doing quite well. in fact, simon, as you pointed, the strong performance from the s&p this week it actually makes it one...
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Dec 8, 2015
12/15
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. >> isn't it a huge tax cut for everybody that uses energy? >> you would think that discreti discretionary spending would improve but it hasn't translated either because you're seeing a higher level of savings or you're seeing a lack of consumer confidence. those numbers are much lower than other recoveries. >> you figured that out yet? >> well, they spent less on energy than any other time we had an oil bust. so in other words you wouldn't have this huge obligation that everyone had in every household that was all of a sudden getting cut back. >> why isn't that great? >> it is great. but we started out that way. it's a very small expanse relative to income for most people and didn't become a huge tax break. it became a marginal one. >> gasoline prices. >> you feel it but 1974 was much bigger. >> in terms of the percentage on a day-to-day basis. >> but all the industrial numbers that suffered and the manufacturing recession, people are calling it, who knows how much oil and gas is after that. >> can you explain it, mark? >> well i think it may
. >> isn't it a huge tax cut for everybody that uses energy? >> you would think that discreti discretionary spending would improve but it hasn't translated either because you're seeing a higher level of savings or you're seeing a lack of consumer confidence. those numbers are much lower than other recoveries. >> you figured that out yet? >> well, they spent less on energy than any other time we had an oil bust. so in other words you wouldn't have this huge obligation...
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Feb 5, 2013
02/13
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we already know that because of payroll tax holidays eatio and the additional taxes applied to households, that will shave about 1.1% off the gdp. if we went into the sequester and allowed the $110 billion to be taken out of the economy as was its face value, that would be about another .7 of 1%. collectively about a 1.8% hit the gdp on an annualized basis. that leaves little margin of safety. so hopefully some effort to perhaps trim that sequester amount to something a little bit more reasonable. at least back end loaded, will enable the economy to muster some momentum. >> yet, mark, $77 billion of new cash, according to trim tabs, came into the market in january. would you be a contrarian with that or would you say strength? >> i think it's a little too soon to call it the great rotation that everybody's been anticipating. i think it's encouraging. i wouldn't necessarily be prepared to take a contrarian position on that, to say that now that means all the retail money has flocked in like lemmings equity prices after they already moved up substantially. i think we have a long way to go.
we already know that because of payroll tax holidays eatio and the additional taxes applied to households, that will shave about 1.1% off the gdp. if we went into the sequester and allowed the $110 billion to be taken out of the economy as was its face value, that would be about another .7 of 1%. collectively about a 1.8% hit the gdp on an annualized basis. that leaves little margin of safety. so hopefully some effort to perhaps trim that sequester amount to something a little bit more...
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Oct 24, 2014
10/14
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and you pay no taxes for ten years. from biotech in brooklyn, to next gen energy in binghamton, to manufacturing in buffalo... startup-ny has new businesses popping up across the state. see how startup-ny can help your business grow at startup.ny.gov >>> welcome back, everyone. capitol hill is increasing pressure on safety regulators. takata to fix millions of defective and potentially deadly air bags. it could become the largest automotive recall in history. david shepherdson of the detroit news joins us with more right now. thank you for being here today. >> no problem. >> this is a situation where not all recalls are equal. some have varying degrees of urgency. this one seems like a pretty urgent one. because if you're in a small minor accident, you could have metal shards thrown in your face. how do we get our arms around this? >> it is very serious although it's a relatively small number of incidents. when it happens, it's violent consequences. the government did take really an unusual step of urging people to imme
and you pay no taxes for ten years. from biotech in brooklyn, to next gen energy in binghamton, to manufacturing in buffalo... startup-ny has new businesses popping up across the state. see how startup-ny can help your business grow at startup.ny.gov >>> welcome back, everyone. capitol hill is increasing pressure on safety regulators. takata to fix millions of defective and potentially deadly air bags. it could become the largest automotive recall in history. david shepherdson of the...
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Sep 20, 2012
09/12
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multinationals have dodged billions in taxes by shifting profits to low tax jury dictions overseas. a hearing later on today will focus on transfer pricing and other loopholes. there are two companies that are going to be in the cross hairs here today. first one is microsoft. the senate subcommittee saying from 2009 to 2011 microsoft was able to shift offshore nearly $21 billion or almost half of its u.s. retail sales net revenue, saving up to $4.5 billion in taxes on goods sold inside the united states. also in the crosshairs today is hewlett-packard. the senate committee saying about hp, since at least 2008, hp has used billions of dollars of intercompany offshore loans to effectively repay treeuate untaxed foreign profits back to the u.s. to run u.s. operations contrary to the intent of u.s. policy. now, cnbc has reached out to both of these companies. both of which will be sending representatives to the hearing later on this afternoon. we have here a statement from microsoft. we just got it in within the past few seconds here. microsoft saying microsoft has a complex business an
multinationals have dodged billions in taxes by shifting profits to low tax jury dictions overseas. a hearing later on today will focus on transfer pricing and other loopholes. there are two companies that are going to be in the cross hairs here today. first one is microsoft. the senate subcommittee saying from 2009 to 2011 microsoft was able to shift offshore nearly $21 billion or almost half of its u.s. retail sales net revenue, saving up to $4.5 billion in taxes on goods sold inside the...
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Sep 22, 2015
09/15
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under the tax code, there's not a double paycheck, but he's put in a new tax bracket so the government gets a chunk of the sect eight hour shift. that's not fair to him. he can't climb the ladder with the government punching him in the gut because he's working twice as hard. we punish productivity and wonder why people don't move up the ladder. that's why. he needs the full paycheck, you work twice as hard, you get double the pay. simple as that. it simplifies the tax code, quits punishing the people being productive, and it stops rewarding people from making stupid and irresponsible decisions. >> governor, we'd love to have you come back to talk other issues. come back soon. >> i'd love to. i hope to come back soon. >> thank you. >>> great conversation. when we return, we have more from our guest host, and plan to ring in prescription drug costs, talking to dr. scott from aei about it. back in a moment. opportunities aren't always obvious. sometimes they just drop in. cme group can help you navigate risks and capture opportunities. we enable you to reach global markets and drive forwa
under the tax code, there's not a double paycheck, but he's put in a new tax bracket so the government gets a chunk of the sect eight hour shift. that's not fair to him. he can't climb the ladder with the government punching him in the gut because he's working twice as hard. we punish productivity and wonder why people don't move up the ladder. that's why. he needs the full paycheck, you work twice as hard, you get double the pay. simple as that. it simplifies the tax code, quits punishing the...
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Aug 31, 2015
08/15
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>> when i sell stock, it's generally because i have a window and i'm doing tax planning. >> and you have a lot. >> i could always use more of it. >> but where do you think we'll be by the end of the year? >> i think we'll trade here for a while. i don't see a catalyst to be higher or lower. i think we can trade around in a range. i think it can be volatile for the next couple of months but what i'm seeing from investors is on individual stock pullbacks, people have their shopping lists out and they're buying the names that will benefit from longer term moves in the u.s. economy. >> are we still in a bull market? >> that's a tough one. i think we have a long way to go in terms of u.s. growth. if you're looking out, i know you don't like me to do that, but if you look at the next five years and say where should i put my money? u.s. growth. it's the most consistent market in terms of globally. so people are looking at china. we don't even know what's going on in china. there's so much unknown there if you're an investor. why are you spending your time there? even though it's the world's sec
>> when i sell stock, it's generally because i have a window and i'm doing tax planning. >> and you have a lot. >> i could always use more of it. >> but where do you think we'll be by the end of the year? >> i think we'll trade here for a while. i don't see a catalyst to be higher or lower. i think we can trade around in a range. i think it can be volatile for the next couple of months but what i'm seeing from investors is on individual stock pullbacks, people have...
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Jul 9, 2013
07/13
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the state and local sales tax 5.7%. utah's largest private employer is inner mountain health care, a chain of hospitals and clinics. the largest industry is health care. virginia a three time winner of america's top state for business did best in our work force and business friendliness categories, came in 6th. the state falls to 38 in our cost of doing business category which carries extra weight this year, unemployment in virginia stands at 5.3%. the top individual income tax rate 5.75%. corporate rate 6%. the state and local sales tax 6% of the most populous areas of the state 5.3% elsewhere. virginia's largest private employer is newport news ship yard the largest industry in agriculture. >> so there you go. we've never had a tie in the top five before. interesting bit of a come down for virginia which you know was the top state three years running and they fell down last year to 3rd place because the i situation and that's one of the reasons that the governor used to push through a $6 billion transportation bill. t
the state and local sales tax 5.7%. utah's largest private employer is inner mountain health care, a chain of hospitals and clinics. the largest industry is health care. virginia a three time winner of america's top state for business did best in our work force and business friendliness categories, came in 6th. the state falls to 38 in our cost of doing business category which carries extra weight this year, unemployment in virginia stands at 5.3%. the top individual income tax rate 5.75%....
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Oct 1, 2014
10/14
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if you can own a great investment and it's a gift that keeps giving, and it can compound tax free, that's a beautiful thing. that's how you get rich. that's our goal at winter green. >> a victory for activist investing? >> i think a victory for all long-term shareholders, america we are not going to have management clipping huge portions of returns and i think it's a victory for wintergreen investors. >> all right. david -- >> congrats. >> thanks so much. >> great to see you all. >> you, as well. >>> breaking news on argentina's central bank. >> argentine stocks down more than 8% today amid rumors that the head central banker resigning. the argentine government just confirmed that juan carlos baraera resigning and replaced and unconfirmed by the government. kayla and scott, yeah. so a lot more uncertainty when they're technically in default and u.s. and foreign investors holding the bonds hoping to see some upside down the road. >> okay. thank you so much. >>> speaking of being replaced, word from the white house, a little less than an hour ago, of a change at the top of the secret servic
if you can own a great investment and it's a gift that keeps giving, and it can compound tax free, that's a beautiful thing. that's how you get rich. that's our goal at winter green. >> a victory for activist investing? >> i think a victory for all long-term shareholders, america we are not going to have management clipping huge portions of returns and i think it's a victory for wintergreen investors. >> all right. david -- >> congrats. >> thanks so much. >>...
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Oct 29, 2013
10/13
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>> sure. >> i would like to do corporate tax reform. the question there is whether you can really do corporate tax reform in this relatively short period of time. you may be able to, at least, set up the parameters for the conversation. and that would be progress if people could agree on a framework for corporate tax reform. >> anything going on, chris? have you talked to -- it's not going to -- i really don't think there's any appetite for it on the right at this point to -- i think they want to get something done with you guys. this is an opportunity. >> i think it is an opportunity. and as to whether anything's happened, there have been some conversations. the first formal meeting of the conference committee will be tomorrow. my guess ask that will be primarily people offering their own perspectives on the budget and the way forward. and it will be after that that people really sit down and begin the negotiations. look, i do hope that we can find a way to at least take some, you know, small/medium steps forward to at least instill a
>> sure. >> i would like to do corporate tax reform. the question there is whether you can really do corporate tax reform in this relatively short period of time. you may be able to, at least, set up the parameters for the conversation. and that would be progress if people could agree on a framework for corporate tax reform. >> anything going on, chris? have you talked to -- it's not going to -- i really don't think there's any appetite for it on the right at this point to --...
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Dec 4, 2015
12/15
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if we transferred to a traditional foundation we would have received an immediate tax benefit but by using an llc we do not and like everyone else we will pay capital gains taxes when our shares are sold by the ll. see, the country is so polarized right now. >> it's amazing that this would lead to criticism. >> that every story, the way a certain segment feels about something, i always have -- i'm not going to say exact opposite but the same things they complain about are the things that i commend someone for. it's a much better use to go into a charity and let the private sector solutions instead of watching it fall through -- but then other people say what do they say? you used the infrastructure to drive to facebook headquaters so you should be funding the government. >> first of all it's a very generous thing to do. >> see, i think it's unfortunate that they have to pay capital gains and use the llc. >> right. there's a step up in terms of the rates they pay. >> i'd rather all go to charity. >> but i think the larger sort of -- >> you have to write a column on this. >> the societ
if we transferred to a traditional foundation we would have received an immediate tax benefit but by using an llc we do not and like everyone else we will pay capital gains taxes when our shares are sold by the ll. see, the country is so polarized right now. >> it's amazing that this would lead to criticism. >> that every story, the way a certain segment feels about something, i always have -- i'm not going to say exact opposite but the same things they complain about are the things...
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Jan 28, 2013
01/13
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this does include taxes, and it is a hotel. but it doesn't include your mortgage. you're paying $95 million. and then what do you pay -- >> during the commercial break i guessed 17 grand a month. >> i would like to raise that -- >> 17 grand a month? >> to 55 grand a month. >> very close. 60,000 a month in monthly maintenance fees. now that does include twice -- it includes maid service and a spa and some other things. so you're paying $95 million and then you're paying $60,000 a month in maintenance. but we bring you through all kind of apartments tonight. $160 million worth of real estate in new york. >> are these places back? i mean for awhile things crashed and nobody could afford these places. are they really back? because we still talk about how on wall street those pay packages are coming back. >> that's what everyone was saying a year ago, two years ago. two things happened. one is foreign money. i mean one of the great things about this show tonight is we bring you through with a russian buyer as he's in central park west. the russians, the chinese, the lat
this does include taxes, and it is a hotel. but it doesn't include your mortgage. you're paying $95 million. and then what do you pay -- >> during the commercial break i guessed 17 grand a month. >> i would like to raise that -- >> 17 grand a month? >> to 55 grand a month. >> very close. 60,000 a month in monthly maintenance fees. now that does include twice -- it includes maid service and a spa and some other things. so you're paying $95 million and then you're...
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Jan 28, 2013
01/13
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we will see a huge increase in gdp and after tax income in the fourth quarter mainly december, at least 100, 120 billion of extra income from 2013 recognized in december to beat the higher tax brackets, capital gains increase. so, in other words, the economy now feels like 20% increase in take home pay has been given to the economy. it feels good. the problem with that, that income was going to be recognized this year, no longer here to be recognized. we're seeing a slowdown in income as we come forward. the best theater on tv to me wasn't to social inept types, but the fact that some of your -- the guests this morning, from companies were being like, do you see an increase in the economy? are things growing or things better? they're selling stock in aggregate, not buying stock anymore. to me, that means companies do not see what's going on as an improved economy. one more point if i can. >> yes. real quick. >> i'm sorry. >> go on. >> real estate. interest rates up on 10 years, refi of stock. the real estate market was a big add to qe-1 last year and a negative to qe-1 this year. >> chu
we will see a huge increase in gdp and after tax income in the fourth quarter mainly december, at least 100, 120 billion of extra income from 2013 recognized in december to beat the higher tax brackets, capital gains increase. so, in other words, the economy now feels like 20% increase in take home pay has been given to the economy. it feels good. the problem with that, that income was going to be recognized this year, no longer here to be recognized. we're seeing a slowdown in income as we...
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Sep 10, 2014
09/14
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and you pay no taxes for ten years. from biotech in brooklyn, to next gen energy in binghamton, to manufacturing in buffalo... startup-ny has new businesses popping up across the state. see how startup-ny can help your business grow at startup.ny.gov wait, wait, wait, it's wait, wait, wait...whoa, does she have special powers when she has the shroud? no. guys? it's the woven one the woven one. oh, oh that gives her invincibility. guys? no, no, no... the scarlet king is lord victor's son!! no don't. i told you! you guys are gonna be so surprised when you watch the finale!!! you're so lucky your car has wi-fi. yeah...i am. equinox from chevrolet... the first and only car company to bring built-in 4g lte wi-fi to cars, trucks and crossovers. whenwork with equity experts who work with regional experts that's when expertise happens. mfs. because there is no expertise without collaboration. everyone is looking for ways while to cut expenses.s unique, and that's where pg&e's online business energy checkup tool can really help.
and you pay no taxes for ten years. from biotech in brooklyn, to next gen energy in binghamton, to manufacturing in buffalo... startup-ny has new businesses popping up across the state. see how startup-ny can help your business grow at startup.ny.gov wait, wait, wait, it's wait, wait, wait...whoa, does she have special powers when she has the shroud? no. guys? it's the woven one the woven one. oh, oh that gives her invincibility. guys? no, no, no... the scarlet king is lord victor's son!! no...
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147
Jul 8, 2013
07/13
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state of illinois raised taxes. state of new york lowered taxes. state dozen what they need to do as per. detroit's a big headline. we'll have to watch and see what happens there. but that to us is a one-off at our shop we do research in the municipal research. you can find the right bargains and stay away from the potholes. >> are there bargains out there now? things traded off significantly over the last month. so i wonder, are there particular pieces of paper that you look at and go, whoa, a great opportunity? >> absolutely. look for new york residents, new york city water authority, secure credit. that bond's in the high 4% range. that's a tax equivalent yield above 7%. for those who want to put money into high-yield municipals, over 5.5% close to 10% on post-tax basis. those are really attractive numbersing both historically and after tax. with a long bond hovering by low 4% you have along bond move significantly on higher rates and be attractive in the muni world. >> taking on a lot of duration risk, going into a municipal fund i'm taking on
state of illinois raised taxes. state of new york lowered taxes. state dozen what they need to do as per. detroit's a big headline. we'll have to watch and see what happens there. but that to us is a one-off at our shop we do research in the municipal research. you can find the right bargains and stay away from the potholes. >> are there bargains out there now? things traded off significantly over the last month. so i wonder, are there particular pieces of paper that you look at and go,...
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Sep 18, 2014
09/14
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and you pay no taxes for ten years. from biotech in brooklyn, to next gen energy in binghamton, to manufacturing in buffalo... startup-ny has new businesses popping up across the state. see how startup-ny can help your business grow at startup.ny.gov no. not exactly. to attain success, one must project success. that's why we use fedex one rate. their flat rate shipping. exactly. it makes us look top-notch but we know it's affordable. [ garage door opening ] [ sighs ] honey, haven't i asked you to please use the -- we don't have a reception entrance. [ male announcer ] ship a pak via fedex express saver® for as low as $7.50. >>> now the answer to today's aflac trivia question. which state is at the highest risk of natural disaster? the answer, florida. >>> all right, folks. here's the skinny on the story we mentioned earlier this hour. pizza hut testing a lower calorie pizza. yes, this is the key. it's made with the same ingredients as the original, only with a thinner crust and lighter cheese and toppings. a skinny sli
and you pay no taxes for ten years. from biotech in brooklyn, to next gen energy in binghamton, to manufacturing in buffalo... startup-ny has new businesses popping up across the state. see how startup-ny can help your business grow at startup.ny.gov no. not exactly. to attain success, one must project success. that's why we use fedex one rate. their flat rate shipping. exactly. it makes us look top-notch but we know it's affordable. [ garage door opening ] [ sighs ] honey, haven't i asked you...
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Sep 16, 2015
09/15
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, the tobacco giant and the santo domingo family own 40%, do we assume they want paper for this for tax reasons? what price could it go out at? should people look at sabmiller and buy in now with a view of a further premium or is the game up in that respect? >> i think the game is up. look, the santo domingo and altria share holdings, they do have some options to work with. and i think there's, again, it's a complex deal from the sab shareholder side. i do think that it will get done. >> to get really together, they will control, correct me if i'm wrong, one-third of the world's beer markets. does that get past european regulators, for example? >> it's really a market by market assessed. globalry, ab inbeef is about 20%, there will be some mar can t markets will they will get push back. the u.s. is one. they will have to sole off the molson coors, heineken or carlsburg. and snow breweries in china. those are manageable issues. i think the big winner here -- one of the winners is a heineken or carlsburg as they pick up the tail brand that are not transferred in the ab acquisition. >> fin
, the tobacco giant and the santo domingo family own 40%, do we assume they want paper for this for tax reasons? what price could it go out at? should people look at sabmiller and buy in now with a view of a further premium or is the game up in that respect? >> i think the game is up. look, the santo domingo and altria share holdings, they do have some options to work with. and i think there's, again, it's a complex deal from the sab shareholder side. i do think that it will get done....
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Jul 10, 2013
07/13
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tax reform, trade. i'm not saying it's possible, but we're in a world where we're missing opportunities. >> we have to stop trise in oceans first. >>> we're just a week away from the alpha conference. here to deliver a preview, kate kelly. >> health care stocks have been one of the biggest winners since bom care oig passed. we'll take a look at a big winner in the hedge fund community who will give us his alpha generating ideas at the conference next week. for the strong and the elegant. for the authentic. for at home and on the go. for pessimists and optimists. for those who love you a little and those who love you a lot. for ultimate flavor and great refreshment with or without calories. for carefree enjoyment. for those who have a lot to say and those who have nothing to add. for those who want to choose and choose. for every generation. for us. for everyone. forever. ♪ norfolk southern what's your function? ♪ hooking up the country helping business run ♪ ♪ trains! they haul everything, safel
tax reform, trade. i'm not saying it's possible, but we're in a world where we're missing opportunities. >> we have to stop trise in oceans first. >>> we're just a week away from the alpha conference. here to deliver a preview, kate kelly. >> health care stocks have been one of the biggest winners since bom care oig passed. we'll take a look at a big winner in the hedge fund community who will give us his alpha generating ideas at the conference next week. for the strong...
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Jan 29, 2013
01/13
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and don't do it just with higher taxes. that's just one of the results of the exclusive cnbc fed survey. i knew some of this -- so that's what you were talking about, steve. >> yesterday, yeah. >> we were looking for maybe the most -- the one that really jumps out and that is the number of people that say, you know, we do have a spending problem. >> you know, joe, it's the first day of a two-day fed meeting. that means it's time for the fed survey and almost always we start our lead hit is about what the market thinks we're going to do with the fed. but this time, as you said, the results jumped out so starkly, so amazingly that we want to just give you those results of the deficit and spending questions that we asked. so let's take a look at the three questions on spending that we did here. and you can see, as joe said, the message to washington, from wall street to washington is solve the deficit now. we asked, do you think we should solve the deficit problem, not at all? do we have a couple years to do so or should we do
and don't do it just with higher taxes. that's just one of the results of the exclusive cnbc fed survey. i knew some of this -- so that's what you were talking about, steve. >> yesterday, yeah. >> we were looking for maybe the most -- the one that really jumps out and that is the number of people that say, you know, we do have a spending problem. >> you know, joe, it's the first day of a two-day fed meeting. that means it's time for the fed survey and almost always we start...
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Jul 9, 2013
07/13
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the top individual income tax rate 6.84%. the top corporate rate 7.1%. state sales tax 5.5%. unemployment in nebraska is 3.8%. nebraska's largest sploir tyson foods, its largest industry is agriculture and food processing. so we kel welcome nebraska to our elite as number four this year as we are maybe seeing a little trend of the economic center moving towards the heart of the country. we will see if the rest of our countdown bears that out. here we are in america's top state for business with one more hint about where i am. the hin is the scratch beneath the surface. so we have big mouths. we have well anchored. now we have scratch beneath the surface. we want to hear from you on twitter, use the hashtag top states. remember our special website top states.cnbc.com. >> scott. i think a lot of people will be looking out their windows to see if you are standing in their back yard today. i thought it was interesting, the access to capital is one of the places where nebraska scored pretty low. other measures like unemployment are high. what is going on there, access to capital?
the top individual income tax rate 6.84%. the top corporate rate 7.1%. state sales tax 5.5%. unemployment in nebraska is 3.8%. nebraska's largest sploir tyson foods, its largest industry is agriculture and food processing. so we kel welcome nebraska to our elite as number four this year as we are maybe seeing a little trend of the economic center moving towards the heart of the country. we will see if the rest of our countdown bears that out. here we are in america's top state for business with...
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Oct 23, 2014
10/14
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and you pay no taxes for ten years. from biotech in brooklyn, to next gen energy in binghamton, to manufacturing in buffalo... startup-ny has new businesses popping up across the state. see how startup-ny can help your business grow at startup.ny.gov e financial noise financial noise financial noise financial noise >>> stephen harper addressing his nation. harper himself was in the building when the gunman shot a soldier. he was then killed in a shootout with military personnel. the soldier corporal nathan sirillo was murdered in cold blood and reassured people about safety in his country. >> let there be no misunderstanding. we will not be intimidated. canada will never be intimidated. in fact, this will lead us to strengthen our resolve and double our efforts. and those of our national security agencies to take all necessary steps to identify and counter threats and keep canada safe here at home. >> in the united states and new york city in particular, police are sending more coverage to areas with the canadian govern
and you pay no taxes for ten years. from biotech in brooklyn, to next gen energy in binghamton, to manufacturing in buffalo... startup-ny has new businesses popping up across the state. see how startup-ny can help your business grow at startup.ny.gov e financial noise financial noise financial noise financial noise >>> stephen harper addressing his nation. harper himself was in the building when the gunman shot a soldier. he was then killed in a shootout with military personnel. the...
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Sep 16, 2015
09/15
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the asking price before taxes, of course, is $210,000. but guys, with the traffic in new york city, you'd never get to 60. >> i know. i don't know where you'd let that out. >> i don't know either. >> i can't imagine what the miles per gallon is too. >> oh, i'm sure with a v-10 you don't get much. >> no. thanks, sue. >> see you in an hour. >> checking your steps? >> i did. look at this. >> it's been tracking you. >> i know. the app on the iphone. and you know, i left my iphone at home on vacation. >> that's the excuse, huh? >> it didn't move for two weeks. this is crazy. it's been counting my steps all day today. i didn't even know it. >> check your iphones, everybody. >> who knew? >> 30 minutes to go into the close. the dow is up 145 points. that's nearly 1% for the s&p as well which is up 18. the nasdaq a bit of a laggard today actually but it's still up 27. >> i'm going to go step onto the floor in just a minute. coming up, jim grant, editor of the closely followed newsletter bearing his name. we'll speak with him exclusively and be sur
the asking price before taxes, of course, is $210,000. but guys, with the traffic in new york city, you'd never get to 60. >> i know. i don't know where you'd let that out. >> i don't know either. >> i can't imagine what the miles per gallon is too. >> oh, i'm sure with a v-10 you don't get much. >> no. thanks, sue. >> see you in an hour. >> checking your steps? >> i did. look at this. >> it's been tracking you. >> i know. the app on...
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Sep 18, 2014
09/14
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will rake in after taxes if the ipo price s 68, according to analysts. two broad options about what ceo marissa meyer does with that money, one, capital return, up a clear whether they would see a special dividend buy back or both, but the idea is that a bigger buy back makes sense, in part, because what if we do see, aggressive selling post-ipo, at least the stock could have some potential support, analysts say. the other option, an acquisition. meyer has made a lot of acquisitions since she became ceo two years ago. jean munster of piper jaffray telling me he would like to see meyer make a play in content, maybe similar to what we just saw amazon do with twitch, although munster says it would be hard for my we are 1 to 2 billion to make an acquisition and have a big long-term impact. this alibaba ipo coming at a critical time for ya a who in which its core ad business remains chad legged. yahoo! will claim just 5% of the u.s. ad mark threat year, versus 10% for pace facebook and 30% for google according to e marketer. >> we do have a vote, we want peop
will rake in after taxes if the ipo price s 68, according to analysts. two broad options about what ceo marissa meyer does with that money, one, capital return, up a clear whether they would see a special dividend buy back or both, but the idea is that a bigger buy back makes sense, in part, because what if we do see, aggressive selling post-ipo, at least the stock could have some potential support, analysts say. the other option, an acquisition. meyer has made a lot of acquisitions since she...
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Jul 8, 2013
07/13
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we got to pay the tax. you don't want to pay the tax, don't go. >> do you want spitzer to get the job? >> i think it would be fascinating. >> tony. >> there you go. just for the fascination of it, joe. >> no, he'll do a great job. >> whose the comptroller now? >> you will know with eliot spitzer. >> i think our friend chuck todd, he tweeted earlier why public redemption is in the public interest. i wonder about that, too. >> it's better to not need the public redemption, right, tony? >> i don't know. >> i just think it's, i would have thought about it. i maybe would have thought that through a little bit better. hitting the music in the room, the recells, bolero, the socks, i don't know, dean, right? >> we all know way too much about this. thank you guys very much. >> tmi. >> coming up, we have a member of the black rock board, a former chairman, jimmy grossfeld is making his way to the "squawk box." we will ask him about his take on block rock. we do have nice green arrows across the board t. dow looking l
we got to pay the tax. you don't want to pay the tax, don't go. >> do you want spitzer to get the job? >> i think it would be fascinating. >> tony. >> there you go. just for the fascination of it, joe. >> no, he'll do a great job. >> whose the comptroller now? >> you will know with eliot spitzer. >> i think our friend chuck todd, he tweeted earlier why public redemption is in the public interest. i wonder about that, too. >> it's better to...
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Jul 17, 2013
07/13
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. >> when all of that is said and you mentioned wells, jpm and goldman, and better tax rate, and good quarter -- >> yes. >> but is the market responding to what would seem to be taken as a whole, a rather positive and i don't want to spin it too positive, but rather positive earnings. >> well, one quarter yesterday that was not good, comerica, and we extrapolate comerica to the regional banks? >> yes. >> because the loan growths reduced dramatically, and i have to tell you that i listened to the bank of america, and they had preferred and high cost debt coming down dramatically, and this is the kind of quarter that i did not expect from bank of america. a lot of the people were saying, jim, be careful, because when the bank of reports, you will have a group sell off, but they gave you no reason to do so. >> interesting, because that feeds into what the treasury secretary said a few moments ago where you are and what the financial reform has done for banking and the country. >> butting out tputting out thet enough. we had to strengthen the financial position, and monetize the regulator
. >> when all of that is said and you mentioned wells, jpm and goldman, and better tax rate, and good quarter -- >> yes. >> but is the market responding to what would seem to be taken as a whole, a rather positive and i don't want to spin it too positive, but rather positive earnings. >> well, one quarter yesterday that was not good, comerica, and we extrapolate comerica to the regional banks? >> yes. >> because the loan growths reduced dramatically, and i...
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Oct 7, 2014
10/14
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amazon.com is going to face a european union investigation over a tax deal struck in luxembourg. regulators are unhappy about deals being struck by companies with individual eu member states that effectively amount to a government subsidy. and keurig green mountain was upgraded to buy from hold at goldman sachs. shares jumped 80% so far this year. big stories about people buying winners. buying winners is better than buying losers. >> yes, it is. >> goldman says it sees sales accelerating over the long-term. i'm going to get one of these thin things. a keurig thing. do you have one? >> i have two of them actually. you don't waste a whole pot. >> i want to do it. >> it's easy. you know when i got it? when i was home on maternity leave. because i didn't have time to brew a pot of coffee. this is push one button. >> you put it in and throw away the -- i'm going to do that. speaking of coffee, jeffreys cutting its rating on dunkin' brands. at this point would push the stock higher in the near term. and shares of farm maker equipment agco are getting hit significantly down almost 10%
amazon.com is going to face a european union investigation over a tax deal struck in luxembourg. regulators are unhappy about deals being struck by companies with individual eu member states that effectively amount to a government subsidy. and keurig green mountain was upgraded to buy from hold at goldman sachs. shares jumped 80% so far this year. big stories about people buying winners. buying winners is better than buying losers. >> yes, it is. >> goldman says it sees sales...
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Sep 25, 2014
09/14
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. >> if it was truly -- what's the earned income tax? something like that might make sense. >> here it's given to people who work hard. >> it'd be nice to pay everyone $60 an hour. it would. in l.a. it's going to be $15 and whatever. i bet you there's some weird locations that are counterproductive to what the law intended to do in l.a. right now. >> there have been some people who suggested just boosting the earned income credit as a way of rewarding people who are working hard. >> there are always going to be dislocations. there are no perfect solutions out here. so you can either focus on the dislocations or the unintended consequence or look at the positives to be achieved. as i thought about it and read about it, it seems to me that increasing the minimum wage level just brings more people into the sort of functioning economy as opposed to people who are really actually working hard and still not able to -- >> you know the people against would say, okay, you've got across the fast food industry, let's count the number of jobs. you'v
. >> if it was truly -- what's the earned income tax? something like that might make sense. >> here it's given to people who work hard. >> it'd be nice to pay everyone $60 an hour. it would. in l.a. it's going to be $15 and whatever. i bet you there's some weird locations that are counterproductive to what the law intended to do in l.a. right now. >> there have been some people who suggested just boosting the earned income credit as a way of rewarding people who are...